EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.
Monthly Archives For April 2024
China’s central bank drops hints at future bond trades, answering calls for muscular monetary action
The People’s Bank of China has indicated its approval for trading treasury bonds on the secondary market, signalling more robust action to boost liquidity and fuel growth is no longer out of the …
US court sentences Chinese citizen to prison for threatening person who promoted democracy in China
Xiaolei Wu allegedly reported his victim to the Chinese government after they posted a flier on or near the Berklee College of Music campus.
China drives both EV production and sales—but the fate of the country’s EV brands could soon be in the hands of emerging markets like Thailand
Chinese-owned EV brands, which tend to sell cheaper models than their non-Chinese counterparts, doubled their market share in Thailand last year. Collectively, they have 11% of th
Report: Tension Between Beijing and Washington Represents Major Roadblock for U.S. Companies in China
The American Chamber of Commerce in China’s Tuesday report reveals that strained government relations and unpredictable policy enforcement are among the key issues facing U.S. businesses in China.
China prepares to send 3 astronauts to Tiangong space station as part of new program and moon exploration
China’s space agency has set up a new program with the intent of sending people to the moon by 2030 and the Tiangong space station is making its final preparations to achieve this goal.
Congress Passes Ukraine Bill With Support for Taiwan—China’s Response
Chinse Embassy spokesperson Liu Pengyu expressed “strong dissatisfaction” over the bill, telling Newsweek “the Taiwan question is a matter for the Chinese.”
Bahrain’s Investcorp teams up with China to invest $1bn in Gulf and Asia
Investcorp, a Bahrain-based alternative investment fund, said on Wednesday that it launched a $1bn “Investcorp Golden Horizon” fund with the backing of China’s sovereign wealth fund, China Investment …
China’s Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses
Don’t Miss: Trending: Suze Orman Decided To Drop Homeowners Insurance After An Outrageous Quote: ‘$28,000 For A 2,100-Square-Fo Must Read: Discover Sports-Business Synergy With … purchased on Temu …
GRAPHIC: China returns as one of top poultry export destinations
China was the fourth-largest destination for U.S.-produced poultry products, accounting for $315 million in export value, according to data from the Foreign Agriculture Service. However, China-bound poultry exports plummeted in 2015 after the nation banned…
Shenzhen’s Inbound Tourism Market Thrives, Accommodation Industry Seizes New Opportunities
The inbound tourism market in Shenzhen is booming, and the accommodation industry is embracing new development opportunities. According to statistic …
China developing counterspace weapons at ‘breathtaking’ pace
China is developing counterspace weapons as part of a “breathtaking” military expansion, US defence experts have warned.
Republican Demands Investigation Into ‘Dangerous Dollars’ Sent to China
Sen. Joni Ernst told Newsweek that the U.S. needs “greater transparency and accountability” in taxpayer dollars sent overseas.
